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Trade Star Trend EA

This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Trade Star Trend EA. Its name points to following the trend. In the code it works with ADX and a trend filter. It moves the stop behind price, has a trading-hours filter and can size trades from your risk. It has 8 settings, for example Star Trend Options (default ------------------------), SL TP Trail Options (default ------------------------) and Lot Money Management (default ------------------------). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About Trade Star Trend EA

Trade Star Trend EA is an expert advisor (trading robot) for MetaTrader 4 based on ADX and Trend. It moves the stop loss behind price (trailing stop / break-even), trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 8 settings, such as Star trend options, Sl tp trail options and Lot money management. MQL source code included.

Files in the download: TradeStarTrend[EA].mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Star trend options--------------------------
Sl tp trail options--------------------------Trailing stop distance or switch
Lot money management--------------------------
Maximum risk0.03Risk per trade (percent of balance)
Magic2006Magic number that tells this EA's orders apart
Trading hours options--------------------------
Juice options--------------------------
Adx option--------------------------

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Trend · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · ADX · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria